Zebra Technologies Corporation $ZBRA Shares Bought by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management increased its stake in Zebra Technologies by 41.5%, owning approximately 51,905 shares worth about $14.7 million as of the end of the last quarter.
• Zebra Technologies reported $3.61 earnings per share for the quarter, exceeding analysts' expectations of $3.31, with a net margin of 10.56% and year-over-year revenue growth of 6.2%.
• The company announced a $250 million share repurchase plan, indicating that the board believes its stock is undervalued.

Fuller & Thaler Asset Management Inc. boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 41.5% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 51,905 shares of the industrial products company's stock after acquiring an additional 15,229 shares during the period. Fuller & Thaler Asset Management Inc. owned about 0.10% of Zebra Technologies worth $14,666,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Investment Management Corp VA ADV purchased a new stake in shares of Zebra Technologies during the fourth quarter worth $27,000. Zions Bancorporation National Association UT purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $27,000. Coppell Advisory Solutions LLC purchased a new stake in shares of Zebra Technologies in the fourth quarter valued at about $36,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $30,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $312.06 on Wednesday. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The firm has a market cap of $15.87 billion, a PE ratio of 29.47 and a beta of 1.75. The company's 50 day simple moving average is $317.09 and its 200-day simple moving average is $295.92. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the firm posted $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. As a group, equities analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has authorized a share repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on ZBRA shares. Morgan Stanley upped their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. UBS Group decreased their target price on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Truist Financial increased their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. Wall Street Zen cut shares of Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Finally, Robert W. Baird raised their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $357.44.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.

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